From GlobeNewswire: 2024-05-16 03:30:00

The Global Sustainable Aviation Fuel Market is expected to grow from USD 622.6 Million in 2023 to USD 15,258.16 Million by 2033, with a CAGR of 37.70%. Biofuel segment dominates with renewable feedstocks like biomass and algae. Commercial aviation leads the market due to increased environmental awareness and demand for sustainability. North America is the dominant region, while Asia Pacific sees the fastest growth. Major players include Neste, TotalEnergies, and Gevo. Mangalore Refinery aims to produce SAF for blending with government targets. Market segmented by fuel type and aircraft type, offering a comprehensive analysis.



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